Apple suppliers begin production of new iPad tablets - Bloomberg
REUTERS - Apple Inc's suppliers have begun manufacturing new iPad tablets in an attempt to revive flagging sales of the tablet, Bloomberg reported, citing people with knowledge of the matter.
Apple, which helped create the tablet market in 2010 with its first iPad, has seen growth plummet from 2012, as larger phones became more popular and people delayed replacing their tablets.
Mass production of the iPad with a 9.7-inch (24.6-cm) screen has already started, and it is likely to be unveiled by the end of current quarter or early next quarter, Bloomberg said, citing two people familiar with the matter. (bloom.bg/1r5YUTz)
A new version of the 7.9-inch iPad mini is also entering production and is likely to be available by the end of the year, Bloomberg said.
Apple spokeswoman Trudy Muller declined to comment on the report.
International Business Machines Corp said in July it would partner exclusively with Apple to sell iPhones and iPads, which could rejuvenate the tablet's sales by entering into a largely untapped corporate market.
Apple shipped 13.2 million iPads in the June quarter, 8 percent less than a year earlier. Sales of the devices, which accounted for 15 percent of revenue, fell short of Wall Street's expectations for the second quarter in a row.
(Reporting by Tanvi Mehta in Bangalore; Editing by Lisa Shumaker)
- Tweet this
- Share this
- Digg this
- China not warlike, says Xi, as border standoff dominates India trip
- Scots vote on independence, United Kingdom's fate on knife-edge
- Islamic State releases video it says shows British journalist John Cantlie
- Jailed Fatah leader lauds Gaza 'victory', urges confrontation with Israel
- International country music singer George Hamilton IV dies at 77
The Big IPO
Underwriters for Alibaba Group Holdings are planning to allocate the bulk of the heavily anticipated offering from the Chinese e-commerce company to a group of 25 to 50 large institutions when pricing is completed after the close of trading Thursday, people familiar with the situation said. Full Article
Sony PlayStation chief: hopes games unit can raise profit outlook this year Full Article